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Assuming you are on a trajectory to be among the 1% of the wealthy, you could fold in some estate planning and use a Grantor Retained Annuity Trust (GRAT). You
by powerbroker 5y ago
Assuming you are on a trajectory to be among the 1% of the wealthy, you could fold in some estate planning and use a Grantor Retained Annuity Trust (GRAT). You won't avoid all taxes, but you can maximize the federal allowances to gift money to the next generation. A GRAT works particularly well in low interest rate environments.